If history repeats itself, we could be in for a rally in June

[nicecrypto]

We are still in the early part of June so it's very hard to tell if history will repeat itself or not but i do noticed for some time now btc has been in a particular position, who knows what will happen the next time btc start another movement, i hope to see btc hit the 10k price this month if possible, the market looks like its ready for another bull run but looks like there is a draw back.

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[goaldigger]

Let me know what you guys think, june historically has been a good performer 5 out of 7 years.


https://youtu.be/0kwGxZQOgYs

Sadly, the bitcoincs value is a little bit of stagnant this June and it has been there for a month now. A little movement upward and downward but remains to its margin. But this has been a good value even though it doesnt goes up. We just hope it will increase by the end of the month and start the rally.

[fulled]

June is so far so good, bitcoin price seem stable till 1/3 of this month, me personally like to see price growing normal in full year rather than massive price up in a month

[mickeybuddy27]

We couldn't really be so sure about things in the future.
But I think we all want Bitcoin to have a strong up trend right now.
Even if it has happen before a multiple times we couldn't guarantee that it would always be the same.

I agree. But still we have to have something to keep, though it does not happen as predicted, there is always chance for it to grow on some other time. When history repeats, that give confidence to every investors to keep trust the coin that every dump there is a recovery to wait.

[agatha90]

In June, there is a lot of increase in the prices of bitcoin and litecoin, bitcoin is ready for halving next year, and LTC in August this year. We better stock some LTC to welcome halving and massive increases.

[bitcon]

We couldn't really be so sure about things in the future.
But I think we all want Bitcoin to have a strong up trend right now.
Even if it has happen before a multiple times we couldn't guarantee that it would always be the same.

The halving of Litecoin can be this challenge that will let the other cryptocurrencies, even Bitcoin, growing. Certainly, this is only a guess, but this variant of the scenario can be seen on the market in June.

[RomanPetrush]

I disagree, I think 2020 could be another bubble just before BTC halving. Halving will increase BTC price because of reducing awards for mining by half. This means a lot in 2020.

[rdluffy]

We are in the middle of June, it's not a rally, but I prefer to BTC slowly grows instead of pump
I'm happy with the market

[pooya87]

I disagree, I think 2020 could be another bubble just before BTC halving. Halving will increase BTC price because of reducing awards for mining by half. This means a lot in 2020.

if you mean a bubble like we had in 2016 then i agree with you. we will see a bubble prior to 2020 halving just like we saw a bubble in prior to 2016 bubble.
but usually when people say bubble their minds directly goes to the big famous bubbles like the $20k bubble of 2017. in which case i disagree and i think you are wrong. that kind of bubble will come next after the halving was done and its bubble was corrected.

[Vishnu.Reang]

I don't know whether the OP had any solid logic or basics, but the Bitcoin exchange rate has increased by around 20% so far this month, and right now the BTC price is $9,330 per coin. And that is around 200% higher than the prices we had three months back. And the most surprising thing is that we are yet to witness any significant correction in the prices, ever since March.

[klaaas]

I think the future price will still depends on what is happening in the present.

Looking at the present it is going upwards hard and still no big signs it would not continue with the overall crypto space in a positive mood. I suspect good times the upcoming weeks.

[ghost424]

We cannot be always too sure on how things will work out. Everything works on its own way and fits to whatever that will happen to it. If every prediction made by a person came true, then wanting everything in favor of him would be not fair for everybody. Same goes in the Cryptocurrency Industry because if everything went in favor of everybody then there would be no change. It might even get abused if people have gotten to use it according to their wants.

[amrulshare]

in the past 60 days the market volatility of the bitcoin has increased by 15.82%, this is a very good achievement because the market has been very active every month. But I don't think it will continue to rally to the $ 9.5K area, maybe there will be a price correction for the next 10 days. 

[xWolfx]

There is a possibility that it can repeat the history but at the same time, there is a possibility that it will not. Either way, I will be happy with the ending because I'm a holder of Bitcoin and other crypto coins. I'm not affected by this recent pumps and dumps. I've set already a selling price already and I'm waiting for it .

I personally respect your point of view but strongly disagree with it.

If we pay attention we will notice that worldwide it always tends to happen, some patterns of past struggles, successes, innovations, inspirations repeats in some way or another. Sometimes is not that obvious to see but it's there, hidden in plain sight.

History definitely repeats itself.

[7788bitcoin]

Looking at the present it is going upwards hard and still no big signs it would not continue with the overall crypto space in a positive mood. I suspect good times the upcoming weeks.

The market rallied for a while and still it is finding it difficult to break the $9400 resistance level, not sure how long we will stay around those price range or will the market does down once again, earlier i expected the market to recover from the bottom by the third or fourth quarter but the market has surprised me once again and i can have an optimistic view that the market once cross the $10 K level would rally to $20 K, let us see how the market will perform in the next few days whether it has to strength to break the current resistance level.

[repear7]

Yeah, bitcoin is increasingly showing fantastic prices compared to last year. Bitcoin really changes its love profit many times over. Bitcoin prices are quite stable above that compared to last year, which during the year was only a cry in bitcoin. I predict that this year, maybe the end of this year, the price of bitcoin will reach its peak. In fact, I rate it very possible for Bitcoin to achieve its glory again as at the end of 2017. I just hope that the glory of Bitcoin is followed by the triumph of other altcoins that also provide benefits in accordance with the expectations of their lovers.

[spacehopper]

Bitcoin performed well in past years.Specially in 2017.We sow the all time high of +20K.Also we sow how that bullish trend turned in bearish trend.But later  few months bitcoin performed as before 20K rally.We are now in 10K-14K area.Today is bullish rally broke little bit.May be the panic sell.We can expect that when the bullish rally going.Its better than rocket rally,Which goes like straight.We can found a support area.Because of this.If the support area performed well.Bitcoin will stay between 10K-14K area.Its better than red bullish trend that we sow in last year.

[sulis sudibyo]

Let me know what you guys think, june historically has been a good performer 5 out of 7 years.


https://youtu.be/0kwGxZQOgYs

yes you're right, bitcoin has started to rise this month. even the price of bitcoin is at the highest level since this year. I think this will be a bigger bullrun than last year. but so far I see only bitcoin is good, while altcoin is still the same as before.

[romero121]

Most of the users here in the forum were the one who missed the opportunity to sell all the assets that have been into the portfolio in 2017

Of history gets repeated almost every user will be getting benefitted, and it will get served as a new era for the bull run of cryptocurrencies.

Finally history gets repeated and when this take place more demand which keeps the entire sum of users in equilibrium with increased demand.

[sari_]

that's the secret of life we ​​cannot know. if we can know for sure no one will lose to invest. but we have experience and knowledge to guide every step we will take. like when we have to buy bitcoin and when to sell it